Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest announcement is out from Beat Holdings ( (JP:9399) ).
Beat Holdings Limited announced that its wholly-owned subsidiary, Xinhua Holdings (HK) Limited, recorded dividend income from its affiliated company, Fame Rich Enterprises Limited. The dividend, amounting to HKD1,277 thousand, will be offset by the investment in affiliates, resulting in no impact on the group’s profit and loss for the fiscal year ending December 31, 2025. This financial maneuver will adjust the company’s current assets and investments but will not affect overall profitability, maintaining stability in its financial statements.
More about Beat Holdings
Beat Holdings Limited is a global investment company incorporated in the Cayman Islands, with headquarters in Hong Kong. The company operates through subsidiaries in Japan, Singapore, Malaysia, Indonesia, China, and Canada. It acquires and licenses intellectual property rights and provides mobile messaging services and software products through its subsidiaries, including Xinhua Mobile Limited and GINSMS Inc., which is listed on the Toronto Venture Exchange.
Average Trading Volume: 522,847
Current Market Cap: Yen22.03B
See more insights into 9399 stock on TipRanks’ Stock Analysis page.